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to put on events like this that add to the cultural life that we all enjoy in this great city. so so thanks to them. [applause] and in a way that's what we're here to talk about this afternoon, the triumph of this city and all the cities, the triumph of the city, that's the title of harvard economics professor ed glaeser's book. it's about what's made cities around the world great, about the challenges that they have had to overcome and still face. we're going to talk about b that in a few minutes in the special context of this city with our panel, and we'll take questions from you as well later. but, first, to launch us off with a presentation, here's the author, professor ed glaeser. [applause] >> thank you. thank you, bob. and thank you all so much for being here. i'm so enormously flattered that you've decided to take time out of your saturday afternoon to come and talk about, about cities. i'm also particularly grateful to the boston book festival for including this book. i, like i think every single one of you, love books, and i'm just thrilled to be part of this amazing thing
available in just one place right now which is kansas city, kansas. for the rest of us, and netflix says bryozoan effort by all as ranks no. 2, at nearly 2.2 mb per second. while comcast, said at a close third. >> doubles e-mail service has gotten a makeover. the new revamps in box is more user-friendly and caters to people check their e-mail smart phones and tablet computers. is the company's attempt to regain some of the ground lost a google. y'alls new ceo marissa mayer this tried to give people more reasons to use the company's on-line services and stick or around longer. >> >> new this morning there is something perfect for those who like to shop online and also impatient about getting the items. starting to that the financially struggling postal service is launching their same day delivery that could have those items delivered as soon as two hours after you buy them. >> we will go to will tran where he is waiting at the post office to explain this pilot program. >> after you submit my order it to be in your hand at aband about two hours. if it works out here that means that other c
, parts of pennsylvania. what we will see is it will mix in with another storm. new york city, south connecticut, and south of boston going to get the biggest snow totals. let me show you what you can expect in the way of snow totals. the pink area is two to five inches, broad brush in pennsylvania. see that maroon spot south of boston, that's where we get the five to ten-inch area. near a foot south of boston locally. it's going to be an interesting one here at the airports. boston and new york included, in heavy delays today. and you have moderate delays back here. detroit, chicago, some cold and some wind going to affect them. los angeles will have rain. so, it doesn't just stop on the east coast. we have travel trouble in other places. but on the roads, anywhere in the pacific northwest could be a little slippery. and certainly, with this storm, again, from ohio all the way to maine. back to bianna. >> a travel nightmare for so many people. ginger, thank you. >>> we're going to turn to the desperate, last-ditch effort to try to keep the country from falling off the fiscal cliff,
up the hole with holes, as the raiders and dump trucks. city officials say an expose a foot storm pipe was designed to save for transport water underneath the road but somehow failed. the road keeton sunday morning creating a crack crater that is 80 ft. long 30 ft. wide and 80 ft. deep. the sale is currently under investigation. >> the past week in storms also taken a toll on narrow, winding roads in part of the santa cruz mountains. crews are working on several mud slides that sent rocks and debris onto a busy highway 17. mine hill road in scotts valley is closed after a large mud slide took out about 50 ft. of one line. >> we have got one lame completely washed out and a portion broken off what we are trying to do is assess the situation. >> road closures and unstable held signs that driver looking for the tours and power outages continue to linger. down trees. pg&e crews worked through the night to restore power to a couple of dozen homes in the santa cruz area. all around of bay area crews and--are dealing with the aftermath of the stores. in the north bay the 60 ft. tall lind
for the year. >> what a great event. i live in phillies and friday nights in the city is filled with people and army thought they had it, but 11 straight. >> clayton: come on, army. let's check in with maria in for rick. >> good morning, everyone, we'll see a big shift in the weather pattern we've seen the last several weeks, very mild across the country and temperatures above average and enjoying basically very mild conditions for late fall and also early december, but a reality check is in store for many of us, out west and across portions of the upper midwest and air from canada is going to dip downward and we're seeing the novell. and current temperatures starting to feel the impact. and 21 right now in denver, 8 degrees in rapid city and 30 over in minneapolis and of course the cool air will continue to expand eastward across the plains and further east as we head into basically next week. and high temperatures only 15 for your high over in rapid city and 32 over in minneapolis and 22 degrees in the city of denver and feeling very cold out here. as i mentioned we have snowfall and a la
and new england as well and in the big town of new york city. too shy ofg. 10 shy in maine . portions of the northern plains. there goes my ride . 50s in dixie land and portions of the gulf coast. i am glad you asked. next map shows you on thursday. almost 60 in kansasy city. temperatures in the cents in texas and gulf coast down through florida. 42 will be the high temperature here in new york city. smeeking of new york city. live on our plasa. we did this last year and they are back again. say hello to reverend rob shank with faith and action. we have a live nativity scene. >> you do. it is the same one that played out in front of the united states can supreme court. we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exerci
from fox five in new york city live tonight at laguardia airport over the bureau of queens. how is it looking where you are? >> harris, in a word, it's nativitiy. kind of the wintry mix that we often hear about. the rain and sleet coming counsel earlier. it was snowing now. it's just wet that of course making travel conditions making conditions very. look what's happening under lawrgted. a hundred flights have been cancelled here now seeing many cancellations in particular a lot of flights going to some the major hubs like dallas-fort worth raleigh durham and columbus, ohio and chicago o'hare as well. a lot of people are going to be hunkering down tonight and making alternative plans to stay one more night in the city, harris, back to you. >> harris: this is tough too. because now we are crunched between now and the next holiday new years as the people try to get on and about. thank you, john. the latest on nation's george h.w. bush in a hospital fighting a stubborn fever that has gotten much worse. a statement released a short time ago which reads in part following a series of
one of the best things that could happen to the state of michigan and maybe the city of detroit. if you are a car company and want to do business there because the unions are too strong and thes have to be so high and all of the jumping through hoops. maybe now you can. maybe the next car company will go do business there and bring jobs there. >> gretchen: remember back during the bailout, the unions got the good end of the deal in the bailout. it was privately held dealerships that got the rough deal. >> eric: stock holders and bond holders. >> steve: if you were holding gm stock it went to zero. >> gretchen: unions won in that deal. >> eric: uah w took billions up front. stock holders you know you might lose everything. when you buy a bond you are first in line and they wiped out the bond holders. >> gretchen: and for the state of indiana teachers infact. >> brian: gm bond holders got roll add out. capitalism rules and president obama changed going forward. >> steve: if you are a union member your union will go to bat for you and they went to bat at chrysler. do you remember w
that $250,000 range, right? that if you're a family living in, i don't know, a major city. >> juliet: new york city, for instance. >> dave: new jersey, connecticut. >> clayton: you're not living the dream. >> juliet: it's sort of subjective. well, actually not subjective you can look exactly at what people live here for 250 or people in san francisco, another expensive city, it doesn't go that long, didn't go that far. >> dave: the bottom line, it appears they've moved the goal post and it may be around the $400,000 mark and that may be the new 250 if you will. may be where ne get the deal done. and upwards towards the 500 mark, but here are two congressmen on perhaps moving this up. >> the $400,000 level seems to me to be about right, that represents about the top 1% of the income earners, the people who got 93% of the income growth our last year and that seems to be enough, but i think there's some flexibility there. >> it's about making sure that we can live within our means and address the real problem and that's spending. i kind of feel like i'm a lifeguard and we've got to save as m
owners. >>> a busy shanghai shopping center a shark tank exploded. >>> the windy city of chicago will sport america's most expensive parking meters. >> what do you think about that? >> too much. >> all that -- >> smith catches, shoots puts it up, puts it in at the buzzer! j.r. smith with another game winner! >>> what is your favorite app? >> scrabble. >> sometimes i want to yank that out of your hands. >> and all that matters. >> an endangered thin backed whale watched up on the breezy point section of queens. >> on "cbs this morning." >> i know he's smiling but that medal hanging around his neck there's a 40% chance he'll hang himself with it. captioning funded by cbs >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis. huge winter storm is making its final stop in the northeast, after causing damage and travel problems coast to coast. >> more than 35 states have felt the power of the storm since it first hit california sunday. it's now blamed for at least 12 deaths, along with the snow it caused more than 40 tornadoes in the deep south, start
snowstorms. now, city officials say that this area is actually used to snow. however, the amount of snow in such a short period of time is a challenge, of course, for cleanup efforts and it's been almost two years since syracuse has had a foot of snow all in one shot, ali. >> we'll keep an eye on this with you through the course of the morning. this powerful storm really rocked the nation's heart land. travel conditions so treacherous the indiana pacers had to postpone last night's home game against the chicago bulls. flying and driving today and the rest of the week will continue to be tough. let's get to meteorologist bonnie schneider who's tracking the system in atlanta. good morning, bonnie. >> good morning, ali. right now we're seeing heavy rain across the new york city metropolitan area and that is impacting travel at this hour. this just in. we have one-hour delays at la guardia in queens. even though the rain isn't as strong in that region, we're getting fierce wind. look at the heavy rain hitting providence and boston and to the north it's all snow. check out the snowfall totals
city and also in philadelphia. first thing is first, let's talk about what's happening right now. the rain is breaking out in portions of the southeast. there may be thunderstorms there today. we'll track this system across the country, you can see later today and especially tonight, it moves into the southern part of the ohio valley places like evansville could see a couple inches of snow and tomorrow morning it moves into d.c. and philly. it will be a mix of snow and rain in d.c., probably a mixture in philadelphia and new york. i think more in the way of snow could be a few inches of snow around new york city and philadelphia places just northwest of there and also into southeast new england could see as much as six inches of snowfall and although it's not a major system it's probably going to cause travel problems tomorrow. >> all right, jeff, thanks so much. >>> you know about the fiscal cliff. here comes the container cliff. dockworkers threaten to go on strike this sunday at more than a dozen major seaports from texas to massachusetts, and that could
into it that is affordable and affordable is different in all different cities. in tulsa, $124,000 is a great starter home. >> gretchen: looking in the inside. >> it is it a eating kitchen and mortage on this is $659 and very doable. >> gretchen: all of the guys on the crew are going wish i lived in tulsa. that house in new york i would be squared to actual. >> it would be million. >> gretchen: north carolina, $147,000. >> a wonderful home 1800 square feet that has big ceilings and high georgian sort of style and great sky lights and a large master and a great kitchen eat in and also the same thing, it would be $659 a month. very practical and great starter home. >> gretchen: sounds like some car payments. talking about columbus, ohio and shout out to my in-laws who are there. i will be there next week. >> this adorable house and great curb appeal. three bedrooms and two baths and completely redone . four fire places and new kitchen with granite countertops and here your mortage would be $672 a month. >> gretchen: i might look at that house i am there. columbus is a great place to live. >> brian: wonderfu
. >> it is a scam city. i believe that park and real estate is public property. >> i live on the south side of chicago and rarely go downtown anymore because the parking costs so much. thanks for responding. "fox and friends" starts right now. >> gretchen: good morning, everybody. i am juliet in for gretchen carlson . we have serious business to start with you. former president george bush is in intensive care with his fever climbing . the latest on his condition and what his family is sea saying. >> brian: the president is in the aired hading back to washington. is it too late. we are breaking doup your tax reality. >> brian: and holiday travelers are stuck on the tarmac x. one pilot was frustrated . wait until you hear what he did over com. "fox and friends" begins right now. ♪ ♪ "fox and friends". >> brian: kelley wright. i am clayton morris . this is julia morris. >> happy merry christmas. you guys have a nice christmas. >> family was here and we had a great time. >> frolic in the -- >> clayton: beautiful snow. >> you can't beat christmas in new york 73 unless you are manger square
's dana perino. 5:00 in new york city. 3:00 a.m. in bill o'reilly fort made of ties. this is "the five." ♪ ♪ >> greg: something costas won't understand. in texas, burglar called 911 because he was held at gun point in th by the owner of thee he tried to invade. when asked what he was doing there, he said just unlucky i guess. after trapping the thief in his truck, james told his son if he gets out, shoot him in the legs. which in texas is a warning shot. what is uny for the thug is -- unlucky for thug is luck for us. 47% said they skipped committing a crime because of fear of an armed victim. that stat everyone should want in their favor. this tale shows how gun saves lives but also kills the stereotype, bob, that lives that gun owners are clumsy yoekels that collect guns the way sportscasters collect toupees. not so. the homeowner handled the situation with compassion, keeping the guy from endangering them and others. any decent gun owner says this how it's done. costas never worries about the trivialities like home invasion. commentators need no gun when the bodyguard is already
the cameras are rolling and you capture this craziness. >> amazing picture. my goodness. >>> oklahoma city police are looking for whoever put two pipe bombs on a truck. the driver found them attached to his fuel tank after he got back from a 400-mile trip. the truck reportedly was hauling rock. you can imagine what happened if this thing blew up. a bomb squad destroyed the explosives. >>> also new this morning, a medical chopper goes down in north central illinois, it was on its way to a hospital. three people on board all crew members, were killed. rockford memorial hospital told the chicago tribune that two nurses were on the chopper as well. no patients were on the chopper. >>> just 21 days until the tax hikes and spending cuts kick in. remember, congress is supposed to break for the holidays at the end of this week. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter s
for solar city, the solar panel company and i think the ipo is today when it starts trading we'll get back to you then. thanks a lot. i'll show you about the price of gas because it continues to drop. the national average for a gallon of regular down another penny, we're at 3.31 now, diesel 3.97. i've got to tell you, it's still the highest price for gas ever at this time of year. new york still the highest in the continental u.s., 3.78 in new york, that's the average and missouri the lowest, $3.01 a share and missouri is the only city, only place, rather, where we found major cities with the average price under $3. again, the star is st. louis, at 298. let's get back to apple, losing its cool, maybe. and mark is still with us, the editor in chief of laptop magazine. all right. i want to talk about-- let's see, this is the microsoft surface tablet, all right. >> yes. stuart: now, is this a threat to apple's dominance of the tablet market and apple's dominance of cool? do you like this thing? >> in the short-term i don't think it's a threat, but there are some things that surface has especi
jonathan hunt live in our new york city newsroom now. jonathan, this change of tone from the hutions seems to be very significant. >> yeah it, certainly is. because russia remember has been president bashar assad's greatest ally and protecter. if they are changing their tone now, accepting that the rebels are getting closer and closer to assad's power center in damascus through the violence that we have seen intensifying over the last couple of weeks, it signifies that the russians are realizing that their greatest friend in the middle east is about to be out of power and they better pretty quickly start making some new friends among the rebel opposition. officials say they are simply pleased to see the russians finally facing up to reality, listen. >> we agree that assad will not be a part of syrians future. we have noted as the media has the progress that the opposition has been making. we still believe that for the sake of the syrian people assad ought to leave now. >> now the questions remain of course how long does president assad -- can president assad hold on? how desperate does he
with a case of the man pushed to his death from a subway platform in that city. police had targeted a woman who looked like this police sketch, a heavy set woman in her 20s caught on a security camera running away after that attack on thursday. david aristo is live in new york with the latest developments on this, and pretty quick work here, wasn't it? >> seems to be. they have this woman in custody right now because that she had implicated herself, the statement we got from chief of police department spokesman paul brown. and this is a case that certainly has rocked new york. this is the second time this has taken place within the month of december. it's something that doesn't happen all that often here in new york. 8.5 million people in the city and many, many people take the subway. so to have something like this take place, you would think it's got the city in sort of a tizzy. this thing happened in queens. the woman was walking back and forth. it's not clear if the one that they have in custody is indeed the woman that was seen on that security video that you showed earlier. however,hi
significant places below. but even the major i-95 cities like new york, philly and boston will see significant snow from this. >> what happens here? how much worse is it here than in the rest of the country? >> well, you know, this storm was fairly weak before nowhere near as strong as the last one was. this is finally getting its act together. >> get our shovels and boots out? that's the idea? >> yeah. and as far as the snowfall totals we're expecting to see, probably the major cities could get in on the action. that's how different it was from the last system. so new york city three, four, five inches of snow not out of the question. upstate new york especially where it's a little colder, but as we head toward southeastern new england, that's where the real bull's eye could be. some places could pick up a foot of snow. that's going to cause travel headaches today and later tomorrow. >> jeff berardelli. thanks so much jeff. >>> bad weather, higher fares, more fees fewer flights. it just sounds great, doesn't it? well, as you just heard, there's more bad wint
's real the governors, mayors and city states who are going to say, hey, this is going to increase our cost of borrowing. we're barely coming out of recession. you can't do this to us. >> is there a municipality right now that you know is planning on an issue later in 2013 saying this is going to screw us up in a real way? >> i don't know of any specifically, but they're basically all saying it. new york city comes to market multiple times a year. >> all the old bonds will be type. is that right? >> i'm going to make the stand and say that they will. but in the last -- >> then they become more dear, won't it seems to me. >> yeah. but what had happened is that last week and the week before, all of a sudden there was this thought because it had been thrown about that it wouldn't be retroactive. on top of that -- >> why wouldn't that cause him to go up? >> because that means that the tax, the cap on deductions would be retroactive to all bonds. >> it wouldn't be retroactive. >> no. what happened two weeks ago was that had been on the table. >> that it would be retroactive? exactly. >> how
, and it bears repeating. >> rick: rick leventhal joins us from our new york city newsroom with a fair and balanced look at the gun control debate. >> reporter: the nra chief has taken a lot of heat for his first public comments since the school shooting, that happened yesterday afternoon and he placed blame on hollywood and violent videogame makers for exposing kids to too much bloodshed and making no mention of restricting sales on assault weapons or ammo. >> i call on congress today to act immediately to do what is necessary to put armed police officers in every, single school in this nation and to do it now, to make sure that blanket safety is in place, when our kids return to school in january. >> reporter: a "gallup poll" found 53% agreed with increasing police presence at schools and said it would be effective and a third said what the effective and 12%, not effective and asked if banning the sale of salt or semi assault or semi-automatic weapons, 42%, yes. and, 36%, not effective. and most democrats came out in support of tighter restrictions on the sale of assault weapons and
. [ laughter ] i go to work and everyone is talking about like someone from the kansas city area won. i'm like well, you don't say, wow. i'm like i bet those people are pretty happy right now. we're still stunned by what's happened. it's surreal. and people keep asking us what are you going to buy with it? i haven't even thought about that. i just want -- i want to go home and just be back to normal. >> shepard: ha. there is a new normal cindy. that's thanks to that giant check. taxes will take a big chunk of the winnings of course. the family will still walk away with more than $136 million. mike tobin live in our midwest newsroom. mike, do we have their address so we can drop by? >> sure, yeah. they were hoping you could come by for tea. the hill family is just trying to get their arms around all of this sudden fortune. they are talking about different things they may do. they may go on a vacation. they are talking about charities to which they may donate without making a commitment. it's interesting. you heard from sons cody there who said his dad said don't say nothing as soon as they lear
that a lot. finally, it's even been a little slow they say at saks 5th avenue, on 5th avenue in new york city. our producer took these pictures. sw retail advisers says you could, quote, in saks hear a pin drop during a 60% sale going into saturday. but, bill and maria, i was in the very store in new york last week, my first time at saks during this time of the year. if that is slow for christmas, i don't want to know what busy is. i couldn't even get down the aisle. >> by the way, jane wells, you mentioned c's candy. unbelievably, they opened some kiosks in malls in the northeast here this year. >> you're kidding. finally. >> it's fantastic. >> what's next? in and out burger is coming next. that can be the only logical next step. >> we can only hope. please. bring more of california to the northeast. we love that. >> happy holidays, jane. >> thank you. >> you too guys. merry christmas. >>> 15 minutes before the closing bell on this christmas eve we have a market under pressure down about 51 points on the dow jones industrial average. >> up next we ask does santa hate google? >> oh, no. >> of
...try kids boxes! time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at >>> 47 minutes after the hour right now. a perfect time for a look at the top stories. >>> police don't know why 22-year-old jacob roberts killed two people in a mall on tuesday. an ex-girlfriend said the sandwich clerk claimed he was quitting his job and moving to hawaii. and an update on the 15-year-old girl who was shot in the chest. she is in stable condition and is expected to recover after undergoing surgery. >>> california governor jerry brown is being treated for prostate cancer. his doctors say his prognosis is excellent. brown was what doctors call early stage localized prostate cancer. he is being t
said, at the big board, the ballet from monte carlo. performing until january 6th in new york city. and over at the nasdaq, a group that does a lot of good work at this time of the year, the salvation army. >> some like it hot. >> interesting. >> the birth cage. bird cage. >> looking where we are opening, no surprise to the down side here. initially out of the gate, one of their biggest losers is microsoft, down by more than a percent. we were talking about whether or not there will be any upside to pc sales. a lot of the data points indicated by "the new york times" saying no. saying pc sales are lower than expected. you've got microsoft down by about 1%. one of the leaders for the year, you mentioned bank of america, the best performing stock on the dow. a double this year if you're lucky enough to get in on bank of america and stick with that trade. across the board financials seeing a little bit of weakness in today's session. >> keep an eye on facebook. obviously the news a little thin this morning. the sunday "times" of london reporting the company has various methods of tax
the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year
share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys w
now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. back from the brink. from b of a to yahoo! stocks, are suddenly the comeback kids of the fourth quarter. we're separating winners from losers. >>> plus, sell signal. if insiders are heading for the exits, should you be, too? >>> and we're talking real estate and the fiscal cliff with dolly lens. but first, let's get straight to our top story, and that is the haggling in washington, d.c. president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details from the white house on potential cuts and entitlement programs. the white house has shown no willingness to go further than t
by propublica and the lower east side tenement of new york city. [applause] >> with a degree comes student debt. i'm really happy to be here tonight. it is great to take some time, to have this many and this whole set up to discuss these things, and these issues. i think propublica does a fantastic job with this, as they do with everything. we are happy to have a fantastic panel with the array of experts you would want to be discussing this issue. marion has been covering this for propublica, and a month ago had a fantastic piece that would-be the result of months of investigation of the debt burden on parents. that is an aspect that not a lot of people have been talking about. although you may have read about it on the cover of the "new york times" today, a month ago is when she began talking about it. we have the publisher and author of a best seller called "secrets to winning a scholarship." next to him, an attorney with the national consumer law center and the author of several publications including "student loan lot," and "the guide to surviving student debt." next to her is the n.y.u. ch
, but new york city expecting a high of 45 today. mostly sunny in the ohio valley, into parts of the northeast. still scattered showers in parts of south florida getting very close to the record, the yearly record of rainfall in miami. as we wrap it up, from fargo and on the other side of the river, expect snow showers. still balmy, beautiful showers in dallas. mostly sunny and 65. back to you. >> reynolds, thanks so much. thanks for flag along. >> you bet, guys. >>> americans want action when it comes to the fiscal cliff. john, you'll give us some of the highlights, but with what we've told them about what will happen if we go over, i guess we shouldn't be too shocked that they don't want to go over. we've basically said there could be a recession, there could be millions of job losses and everything else. so i guess we probably shouldn't be surprised by that. >> no, we shouldn't. they've gotten the message. they've absorbed it. we've asked in the survey how serious a problem is the fiscal cliff? and you get 68% of the people saying it's a very serious problem, which tells yo
cities and towns. in the 11th congressional district which i represent in new york city, the new york city police department reported 274 victims from 226 incidents involving gun violence. and that was in two neighborhoods in the district that i represent. the majority of these crimes were registered in just two communities. 274 victims from 226 incidents. now, fortunately, not everyone perished in these incidents, but one incident leads to many and the repercussions and trauma to those who witnessed these incidents who dooged a bullet in our community, is immeasurable. we have the authority to focus our efforts on penalties for gun trafficking and unlawful sales of firearms. we have the authority to prevent the retail sale of assault weapons and high capacity magazines or clips designed for military combat use and we have the ability to register handguns and microstamp munitions to trace ownership and origin. we have the authority. we only need to have the courage to act. the newtown tragedy has highlighted a vexing issue that we as americans must address. it is imperative that we se
parents? >> yes. that was part of my interest. back in the new york city public schools, i had a great teacher. mrs. rauf would read -- mrs. roth would read the newspaper and the about martin luther king. he was rising in all of that, and the civil rights movement and she exposed us to lot. but i was just a junkie. the time i was 9 years old, i was handing leaflets out for robert kennedy. when i was 10, i made a big decision and broke with the democratic party and went to work for john lindsay who was running for mayor of new york. i went down to the liberal party headquarters and was handing out leaflets on the street corner in new york'. some women thought this was really cute, this little boy and leaflets. and she asked me why. and i made the case and got in early start in my political career. she said this is for you and she hands this box of pastries. i took a back to the liberal headquarters and we opened it up and there were all of these doughnuts and a lot of $10 bills. one of my early lessons in politics -- the district leader grabbed the money and said you can keep the doughn
. before we get started let's look at the coverage of the tabloids here in new york city. america weeps. there is the president of the united states. he shed a couple of tears in the briefing room yesterday. slaughter of the innocence. and a picture you saw a lot of yesterday from the beup in newtown yesterday where a police officer leads those children single file out of sandy hook school. >> so many horrific elements to this story but i think the worst for me is the fact that there are 20 kids dead between the ages of 5 and 10 years old and as we learn more about the shooter, it seems as though there were clues he was capable of doing this. >> there will be an update at 8:00 this morning with the authorities. >> all right. peter doocy meanwhile is live in sandy hook for us with the very latest details. good morning, peter. tell us what you have learned overnight. >> alisyn, we learned that the medical examiner's office has been working all night long inside sandy hook elementary school. they are trying to have the 20 children and six adults who were murdered inside yesterday during sc
this will be the fourth visit to a city following a mass shooting. let's bring in chris wallace, host of fox news sunday. >> kelly: good morning, chris. >> i have to say i've been covering presidents and in the briefing room at the white house more than 30 years and never saw a moment like that of that kind of sheer emotion and brought forward how terrible this particular one was. >> kelly: i have to agree with you, when the president spoke and even now, still grips he me emotionally, because here is the commander-in-chief now serving as a consoler in chief and he really showed raw emotion and took a minute for him to hold that back and actually move on with his statement. >> well, that's right and as he said, he was not responding as a president, but as a parent, he of course the father of two young children and i don't know that you have to have children, but if you do, and if you remember those days when you sent them off to school as six and seven year olds with all of their bright hopes and learning to read and learning to add and subtract the idea of them being struck down is particularly awful. >
and great values on your holiday shopping from l.l. bean. >>> hi. i'm steven ye, located in new york city. i'm annoyed. i'm annoyed with the fiscal cliff. we're looking at not knowing what's going to happen. we fall off this cliff, and everyone gets affected. there's no trickle-down effect, it's more like a slush. we will lose income. the question is, housm income are we going to lose. if we fall off the cliff, the fear is that we fall off the cliff. not slowly glide down the cliff. big government at this point needs to understand that we should be able to trust you to do the right thing. put politics aside. think about us, the people. that's why we have government. fix it. >> all right. we're looking at a triple-digit gain here on the dow at this hour. up 109 points, a game of 13 points there. the nasdaq really the outperformer up by and a third points. andy lapierre is managing director with the group. what happens in the next few days will determine whether or not we have a year-end rally. >> we're having a rally already, melissa. absolutely. the market -- the next few days will det
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